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Polychain and Blockchain Capital lead $6m Quasar Finance funding round

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Quasar Finance has raised $6 million from a range of leading investment firms, including Polychain Capital, Blockchain Capital, Figment Capital, Lightshift Capital and Galileo.

Quasar Finance has raised $6 million from a range of leading investment firms, including Polychain Capital, Blockchain Capital, Figment Capital, Lightshift Capital and Galileo.

The firms have backed Quasar Finance’s vision to create a range of accessible, structured investment products within the DeFi ecosystem, that investors and liquidity providers alike can benefit from.

Top priority for CEO and co-founder Valentin Pletnev and his global team is making the management of digital assets simple, accessible and secure, while utilising the Cosmos platform’s Inter Blockchain Communication (IBC) protocol, a powerful technology that connects and enables value and data transfer across chains, natively.

Quasar allows the creation of vaults where investors can park their assets to receive yield, while allowing strategists and liquidity providers to develop and launch their own vaults.

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